Who is responsible for accuracy of purchase card information?

Cardholders are responsible for the accuracy of information and data they provide to an Approving Official/Certifying Officer in support of a Government Purchase Card purchase. The cardholder is the individual whose name appears on the purchase card/account.

Which is an example of cardholder fraud?

Cardholder Fraud: Example 1 Example 1 is a cardholder who conspires with a business owner to make purchases not authorized by the cardholder’s agency. The merchant circumvents the authorization process to allow the cardholder to make purchases for personal consumption. The cardholder approves the transactions.

Who is responsible for erroneous payment on government purchase card?

Cardholders are responsible for erroneous payments that result from information, data, or service, including designation of proper appropriations or other funds they provide to a Certifying Official. The cardholder is to seek advice from the activity fiscal attorney when questioning use of funds for specific purchases.

Is it better to not store cardholder data?

Merchants who do not store any cardholder data automatically provide stronger protection by having eliminated a key target for data thieves.

What are the responsibilities of a purchase card?

The CO is responsible for ensuring that the transactions of individual cardholders meet the legal requirements for authorized purchase card transactions, that the facts presented in all cardholder documentation are complete and accurate, and that adequate documentation is available for individual transactions.

What should I do if my purchase account has been suspended?

When making a purchase, an account holder was recently informed by the merchant that the purchase account has been suspended, who should the account holder contact to address this matter?